RADAR TECHNOLOGY AS

5106 ØVRE ERVIK

Finances

Share Ownership

Return on Equity

5,86 %

Current Ratio

2,58

Debt-to-Equity Ratio

0,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	841 000	1 490 000	0	0
Net Income	13 000	464 000	0	0
Total Assets	512 000	740 000	43 000	43 000
Total Equity	222 000	209 000	−255 000	−255 000

Income (NOK)	2022	2021
Revenue	841 000	1 490 000
Expenditure	824 000	970 000
Operating Profit	17 000	520 000
Financial Income	0	0
Financial Costs	0	0
Financial Balance	0	0
Earnings Before Tax	17 000	520 000
Tax	4 000	56 000
Net Income	13 000	464 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 000	29 000	0	0
Total Current Assets	490 000	712 000	43 000	43 000
Total Assets	512 000	740 000	43 000	43 000
Total Retained Equity	192 000	179 000	−285 000	−285 000
Total Equity	222 000	209 000	−255 000	−255 000
Total Long-Term Debt	100 000	100 000	100 000	100 000
Total Current Debt	190 000	432 000	199 000	199 000
Total Equity and Debt	512 000	740 000	43 000	43 000

Cash flow (NOK)	2022	2021
Sales Income	841 000	1 490 000
Other Income	0	0
Revenue	841 000	1 490 000
Cost of Goods Sold	0	0
Salary Costs	673 000	850 000
Depreciation	7 000	5 000
Impairment	0	0
Expenditure	824 000	970 000
Operating Profit	17 000	520 000
Financial Income	0	0
Financial Costs	0	0
Financial Balance	0	0
Dividends	0	0
Net Income	13 000	464 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	22 000	29 000	0	0
Fixtures	0	0	0	0
Total Tangible Assets	22 000	29 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	22 000	29 000	0	0
Stock	43 000	43 000	43 000	43 000
Total Investments	0	0	0	0
Cash, Bank	439 000	479 000	0	0
Total Current Assets	490 000	712 000	43 000	43 000
Total Assets	512 000	740 000	43 000	43 000
Total Equity	222 000	209 000	−255 000	−255 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	100 000	100 000	100 000	100 000
Creditors	0	0	0	0
Unpaid Taxes	10 000	129 000	0	0
Dividends	0	0	0	0
Other Current Debt	169 000	247 000	199 000	199 000
Total Current Debt	190 000	432 000	199 000	199 000
Total Equity and Debt	512 000	740 000	43 000	43 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,86 %	222,01 %	−0 %	−0 %
Debt-to-Equity Ratio	0,45	0,48	−0,39	−0,39
Operating Profit Margin	2,02 %	34,9 %	-	-
Current Ratio	2,58	1,65	0,22	0,22
Quick Ratio	3,33	1,83	0,28	0,28
Equity Ratio	0,43	0,28	−5,93	−5,93
Gross Profit Margin	100 %	100 %	-	-